Content Section

A Reply to Comments

Abstract

The essay replies to the comments by Daniel Little, Antonino Palumbo and Thomas Prosser on the author’s essay “An Attempt to Provide a Non-circular Explanation of Economic Reforms. Elements for a New Individualistic Theory of Institutional Change”, lingering over rational-choice explanations of institutional change and the thesis that institutions are structures of power that can make some groups’ situation worse than it was without institutions.